The National Board of Revenue (NBR) exempted various goods and services from value-added tax (VAT) payments to the tune of Tk 129,570 crore in 2022 to give some relief to citizens and facilitate industrialisation, thereby accelerating economic growth.

There is hope that the major challenges Bangladesh is facing due to high inflation and the foreign reserve crisis will stabilise gradually in fiscal year 2024-25, but consistency in maintaining a strict policy stance will be imperative to that end.

Seven years after an application by the deputy commissioner of Bagerhat district, the Department of Patents, Designs and Trademarks (DPDT) has finally taken the initiative to register Sundarbans' honey as a GI (geographical identification) product.

The Bangladesh Public Procurement Authority (BPPA) today signed the first-ever annual performance agreement (APA) with the Implementation Monitoring and Evaluation Division (IMED) for fiscal year 2024-2025

The previously fixed 360-day usance period ended today

Bangladesh Air Force received their fifth C-130J Super Hercules aircraft from the UK last week

The order is effective immediately

The state minister for telecom and ICT shared the info at BTRC event

The industrial gas manufacturer made a profit of Tk 52.56 crore in the year that ended on December 31

Asset management companies invest pooled funds from clients into various securities and assets

The state minister for telecom and ICT discussed service quality of telecom operators at BTRC event

Bangladesh is going to fulfil the International Monetary Fund’s condition on foreign exchange reserves in June on the back of record budget assistance from global creditors, the first time since the IMF approved its $4.7 billion loan programme more than a year ago.

The economy of Bangladesh has rebounded from the Covid-19 pandemic, but high inflation, a balance of payments deficit, financial sector vulnerabilities, and global economic uncertainty continue to hamper recovery, said Mahbubur Rahman, president of the International Chamber of Commerce Bangladesh (ICCB).

Parliament yesterday approved a provision that will allow black money holders to legalise their undisclosed wealth without any scrutiny by paying a 15 percent tax, disregarding widespread condemnation from various quarters.

The Bay Terminal, the biggest expansion project in the Chattogram port’s history, made major progress as the World Bank’s board of executive directors approved a $650 million loan on Friday to finance the dredging of the access channel and construction of the breakwater.

When I visited Colombo last April, the airport was humming with a lot of tourists. My experience at the immigration was very good while foreign exchange booths were showing a much more stable exchange rate. Afterwards my interactions with a few entrepreneurs revealed a revival of industrial production and exports too.

Bangladesh’s earnings from exports, excluding apparel, grew at a compound annual rate of 7.6 percent over the past three decades or so whereas garments witnessed 14.6 percent growth, which highlights a lack of product diversity, according to a new study yesterday.

At the beginning of fiscal year 2023-24, there was an expectation that the country’s economy would recover from the shocks of the Covid-19 pandemic and other external pressures.

The government has moved away from its decision to raise the highest income tax rate to 30 percent and end tax holidays for investors in economic zones and hi-tech parks.

Prime Minister Sheikh Hasina today said the proposed national budget for the 2024-25 fiscal year was not "ambitious", vowing to take Bangladesh forward